Apple just announced that the iPhone 4 will include a new video chatting feature called FaceTime. FaceTime allows you to chat with other iPhone 4 owners on video, using the front-facing camera on the device. In order to initiate, you must first make a phone call to the person you want to chat with. Once you are connected, you can then go into a video call. Both parties must be connected to Wi-Fi in order for it to work. Very cool.